Winvic Construction has been appointed to deliver a landmark £130m Build-to-Rent (BTR) development in Leeds city centre, following Gateway 2 approval.
Acting on behalf of new client Lisbon Street Developments Limited, a joint venture between Marrico Asset Management and Helios Real Estate, Winvic will deliver 578 apartments across two residential towers, with construction due to commence in Q4 this year. The appointment builds on Winvic’s strong track record in Leeds, coming six months after completing a 548-bed Purpose Built Student Accommodation (PBSA) scheme on the same site.
Located on Lisbon Street, the development will feature towers rising to 33 and 22 storeys, set above a single-storey podium and shared basement. The podium will include resident amenity spaces and two commercial units, supporting a mixed-use offering, while the basement will provide car parking, direct access into both buildings, and ancillary facilities. Other features include a roof terrace and east-facing balconies, designed to maximise views and outdoor living.
The development is targeting a Home Quality Mark (HQM) 3.5 star certification. Photovoltaic (PV) systems will generate renewable electricity on-site, reducing reliance on grid-supplied energy, while decentralised Air Source Heat Pumps (ASHP), will lower operational carbon emissions and provide a sustainable source of power throughout the building’s occupancy following practical completion. Enhanced building fabric and glazing specifications will further improve energy performance by reducing heating and cooling demands.
A Social Value Plan has been developed in collaboration with Leeds City Council. with expected outcomes including new jobs, apprenticeships, work experience placements, education engagement activities and volunteering activity – these will be tracked to demonstrate the positive impact the project creates.
This latest project further strengthens Winvic’s presence in the BTR sector and reinforces its commitment to delivering high-quality, city-centre residential developments. With 15,000 beds delivered to date, Winvic’s Multi-Room team is a trusted partner for major residential developers across the UK.
Mark Jones, Managing Director for Multi-Room at Winvic, said: “Working in partnership with Marrico Asset Management, we look forward to delivering a high-quality residential scheme that will contribute to Leeds’ continued growth and provide homes in a thriving city centre location.
“Following our recent work on the same site, this development is a great example of our capability. The scheme’s scale, complexity and prominent city centre location make it an exciting addition to our portfolio.”
Richard Bland, Partner at Marrico Asset Management Limited said: “Gateway 2 approval moves the scheme into delivery. We appointed Winvic following their work on the PBSA scheme on the same site, which gave us confidence in their ability to deliver here. The BTR towers are the third scheme underway on the former International Swimming Pool site, following student scheme and the aparthotel now under construction. Together with Helios, we are focused on bringing forward 578 well-built rental homes in a central Leeds location”
